Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

Podcast - Potential rate hike by RBA, China's deflationary risk and Powell's Fed speak on the radar

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss several key highlights and events for this week; a hawkish RBA resurgence and its implications on the AUD/USD, China's deflationary spiral risk, and all ears on Fed speak from Powell on the clarity on the pace and start of interest rate cuts in US. https://open.spotify.com/episode/25yapp1dEbC1H5MVUWYhyM

06-11-2023 19:19 GMT by Kelvin Wong

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Aussie soars to 3-month high, RBA expected to hike

AUD/USD climbs after soft US nonfarm payrolls RBA rate decision a 50/50 toss-up The Australian dollar has edged lower on Monday, after huge gains on Friday. In the North American session, AUD/USD is trading at 0.6499, down 0.21%. On Friday, the Aussie posted spectacular gains, rising 1.22% and hitting its highest level since August 10th.

06-11-2023 10:45 GMT by Kenneth Fisher